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Jah 6 days ago
Curious about your mention of monero… My view is that it addresses many of the shortcomings of btc, but at the expense of complexity and, as so, more need for learning (your time is limited so it would impact the other spheres of your life) or trusting (not an option). But even if you put the time to it, ultimately, it will face the same problem of being vulnerable to social attacks, bad choices, and capture, if it gets enough adoption. You have to fix “capturability”, not technology.
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Control-Plane Capital . 5 days ago
Yes, I've implicitly compared Bitcoin to Monero in this aritcle (
Bitcoin will fail as mass, non-custodial Medium-of-Exchange
When we look at the past 5-10 years, Bitcoin’s trajectory is quite clear. Capture goes up, freedom goes down.
 ). Monero is better digital cash by a wide margin, but it's not a silver bullet. For the current regime, privacy by default is a non-negotiable. I'd use Monero if I need digital cash, not as a store of value. Many Monero devs likely work for the government, some hardware wallets are very likely backdoored, government agents can decide to spam L1 until running nodes becomes annoying, they can make it radioactive so 99.99% of the population avoid it like the plague, etc. Still, if you need to use digital cash, Monero is your best bet. The other recommendations I've mentioned are going to be more important for most people.
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